35 Facts About The Gutting Of America’s Industrial Might That Should
Make You Very Angry

35 Facts About The Gutting Of America’s
Industrial Might That Should Make You Very Angry

Did you know that an average of 23 manufacturing facilities were
shut down every single day in the United States last year? As
World War II ended, the United States emerged as the greatest
industrial power that the world has ever seen. But now America's
industrial might is being gutted like a fish and both political
parties seem totally unconcerned. Yes, we will always need
trading relationships that are fair and balanced with other
countries that have economic systems that are similar to our
own. However, the truth is that most of our trading
relationships are neither "fair" nor balanced. For example,
China manipulates currency rates so that Chinese products are
much cheaper than they should be, they brazenly steal our
technology and we let them get away with it, they deeply
subsidize their most important industries and they exploit their
citizens by allowing them to be paid slave labor wages. How in
the world does that resemble the "free market" at work?
Predatory nations such as China do everything that they can to
distort the free market. So why in the world would any rational
economist ever recommend that we should keep trading with other
countries that are cheating us blind? After you read the facts
in this article about the gutting of America's industrial might,
hopefully you will get very angry. We need the American people
to start getting very upset about these very important issues.

Both major political parties promised us that globalization
would be wonderful for the U.S. economy. Well, in the first
decade of this century less net jobs were created than in any
other decade since the Great Depression.

The "free trade" polices of the globalists have been an abysmal
failure. Tens of thousands of factories, millions of jobs, and
hundreds of billions of dollars of our national wealth have gone
to countries that engage in predatory trade practices and that
exploit slave labor pools.

How in the world are American workers supposed to compete
against workers that make less than a dollar an hour (with no
benefits) on the other side of the globe?

If you support the version of "free trade" that most of our
politicians are promoting, then you are supporting the one world
economic system that the global elite are trying to establish.
In this one world economic system, American workers will
increasingly be forced to compete for jobs with the cheapest
labor on the planet. This will continue to force the standard of
living of American workers way, way down and it will continue to
absolutely destroy the middle class.

The following are 35 facts about the gutting of America's
industrial might that should make you very angry....

#1 According to U.S. Representative Betty Sutton, America has
lost an average of 15 manufacturing facilities a day over the
last 10 years.

#2 Sadly, it looks like this trend is picking up momentum.
During 2010, an average of 23 manufacturing facilities a day
were shut down in the United States.

#3 Since 2001, the U.S. has lost a total of more than 56,000
manufacturing facilities.

#4 According to the Economic Policy Institute, the U.S. economy
loses approximately 9,000 jobs for every $1 billion of goods
that are imported from overseas.

#5 The United States has had a negative trade balance every
single year since 1976, and since that time the United States
has run a total trade deficit of more than 7.5 trillion dollars
with the rest of the world.

#6 Back in 1979, there were 19.5 million manufacturing jobs in
the United States. Today, there are 11.6 million. That
represents a decline of 40 percent during a time period when our
overall population experienced tremendous growth.

#7 Between December 2000 and December 2010, 38 percent of the
manufacturing jobs in Ohio were lost, 42 percent of the
manufacturing jobs in North Carolina were lost and 48 percent of
the manufacturing jobs in Michigan were lost.

#8 Back in 1970, 25 percent of all jobs in the United States
were manufacturing jobs. Today, only 9 percent of all jobs in
the United States are manufacturing jobs.

#9 The United States has lost an average of 50,000 manufacturing
jobs per month since China joined the World Trade Organization
in 2001.

#10 The Economic Policy Institute says that since 2001 America
has lost approximately 2.8 million jobs due to our trade deficit
with China alone.

#11 All over the United States, road and bridge projects are
being outsourced to Chinese firms. Just check out the following
excerpt from a recent ABC News article....

In New York there is a $400 million renovation project on the
Alexander Hamilton Bridge.

In California, there is a $7.2 billion project to rebuild the
Bay Bridge connecting San Francisco and Oakland.

In Alaska, there is a proposal for a $190 million bridge
project.

These projects sound like steps in the right direction, but much
of the work is going to Chinese government-owned firms.

"When we subsidize jobs in China, we're not creating any wealth
in the United States," said Scott Paul, executive director for
the Alliance for American Manufacturing.

#12 If you can believe it, the United States spends about 4
dollars on goods and services from China for every one dollar
that China spends on goods and services from the United States.

#13 The U.S. trade deficit with China rose to an all-time record
of 273.1 billion dollars in 2010. This is the largest trade
deficit that one nation has had with another nation in the
history of the world.

#14 The U.S. trade deficit with China in 2010 was 27 times
larger than it was back in 1990.

#15 The new World Trade Center tower is going to be made with
imported glass from China and imported steel from Germany.

#16 The new MLK memorial on the National Mall was made in China.

#17 Do you remember when the United States was the dominant
manufacturer of automobiles and trucks on the globe? Well, in
2010 the U.S. ran a trade deficit in automobiles, trucks and
parts of $110 billion.

#18 In 2010, South Korea exported 12 times as many automobiles,
trucks and parts to us as we exported to them.

#19 Even in high technology products we are being destroyed. In
2002, the United States had a trade deficit in "advanced
technology products" of $16 billion with the rest of the world.
In 2010, that number skyrocketed to $82 billion.

#20 China has now become the world's largest exporter of high
technology products.

#21 Back in 1998, the United States had 25 percent of the
world’s high-tech export market and China had just 10 percent.
Ten years later, the United States had less than 15 percent and
China's share had soared to 20 percent.

#22 Manufacturing employment in the U.S. computer industry was
actually lower in 2010 than it was in 1975.

#23 In 2008, 1.2 billion cellphones were sold worldwide. So how
many of them were manufactured inside the United States? Zero.

#24 The United States now has 10 percent fewer "middle class
jobs" than it did just ten years ago.

#25 Today, American workers are bringing home a much smaller
share of economic pie. Over the past decade, the ratio of wages
to GDP has been declining very steadily.

#26 Now that millions of our jobs have been exported, there
aren't nearly enough jobs left for all of us. Right now, the
average amount of time that a worker stays unemployed in the
United States is approximately 39 weeks.

#27 There are fewer payroll jobs in the United States today than
there were back in 2000 even though we have added 30 million
extra people to the population since then.

#28 If you gathered together all of the workers that are
"officially" unemployed in the United States today, they would
constitute the 68th largest country in the world.

#29 According to one study, between 1969 and 2009 the median
wages earned by American men between the ages of 30 and 50
dropped by 27 percent after you account for inflation.

#30 As the number of good paying jobs declines, America's middle
class is rapidly shrinking. In 1970, 65 percent of all Americans
lived in "middle class neighborhoods". By 2007, only 44 percent
of all Americans lived in "middle class neighborhoods".

#31 In the United States today, corporate profits are at a
record high, and yet employment numbers have still not
rebounded. Obviously something is structurally wrong.

#32 The Obama administration says that there are certain things
that "we don't want to make in America" anymore. If you don't
believe this, just check out what U.S. Trade Representative Ron
Kirk recently told Tim Robertson of the Huffington Post about
the Obama administration's attitude toward keeping manufacturing
jobs in America....

Let's increase our competitiveness... the reality is about half
of our imports, our trade deficit is because of how much oil [we
import], so you take that out of the equation, you look at what
percentage of it are things that frankly, we don't want to make
in America, you know, cheaper products, low-skill jobs that
frankly college kids that are graduating from, you know, UC Cal
and Hastings [don't want], but what we do want is to capture
those next generation jobs and build on our investments in our
young people, our education infrastructure.

#33 Jeffrey Immelt, the head of Barack Obama's highly touted
"Jobs Council", has shipped tens of thousands of good jobs out
of the United States.

#34 According to Professor Alan Blinder of Princeton University,
40 million more U.S. jobs could be sent offshore over the next
two decades.

#35 One recent poll found that 41 percent of all Americans
believe that "the American Dream has been lost".

Yes, it is fun to go out and fill up our shopping carts with
"cheap products" from the other side of the world, but when we
do that it destroys our jobs, our businesses and our
communities.

Our addiction to cheap foreign products is incredibly
self-destructive. Essentially what we are doing is that we are
ripping apart pieces of our own home and throwing them into the
fire in an attempt to keep it going. Eventually we will
cannibalize our entire home.

And we never really think about what it is like for the slave
laborers that make all these cheap products for us. The
following is from an article in the Telegraph about what
conditions at one major Chinese manufacturing facility are
like....

So far, at least 16 people have jumped from high buildings at
the factory so far this year, with 12 deaths. A further 20
people were stopped by the company before they could attempt to
kill themselves.

The hysteria at Longhua, where between 300,000 and 400,000
employees eat, work and sleep, has grown to such a pitch that
workers have twisted Foxconn’s Chinese name so that it now
sounds like: “Run to your Death”.

If we stay on this current path, even more of our formerly great
manufacturing cities will turn into post-industrial hellholes.

Once upon a time, I also bought the "free trade" propaganda
hook, line and sinker. But then I opened up my mind and I
learned the truth.

This nation is losing jobs, factories and wealth at a pace that
is almost unbelievable.

Something desperately needs to be done.

Is there anyone out there that is willing to defend the emerging
one world economic system that is stealing our jobs and killing
the middle class?

If so, I challenge you to take your best shot. Leave a comment
below and explain to the rest of us why we are wrong.

We need to debate these issues because the myth of "free trade"
is absolutely killing us.